Flare's XRP Ecosystem Reaches New Milestone
Flare (@FlareNetworks) reports 145.1 million FXRP minted on-chain over the past year.
Around 130 million FXRP is being used across decentralized finance applications. That represents roughly 89% of the minted FXRP supply, according to Flare.
The network further recorded 7.8 million DeFi transactions alongside about 24,000 smart accounts.
Flare also reports 21 million FXRP operating across six other chains.
The data comes as Flare celebrates one year of FXRP on-chain.
Flare (@FlareNetworks) reports 145.1 million FXRP minted on-chain over the past year.
Around 130 million FXRP is being used across decentralized finance applications. That represents roughly 89% of the minted FXRP supply, according to Flare.
The network further recorded 7.8 million DeFi transactions alongside about 24,000 smart accounts.
Flare also reports 21 million FXRP operating across six other chains.
The data comes as Flare celebrates one year of FXRP on-chain.